Top 15 challenges of doing business in Singapore?

Top challenges while setting up a business in Singapore:

1. Choosing a right Corporate Service Provider (CSP) in Singapore
2. Registration cost
3. Singapore local resident requirement
4. Registered Address
5. Auditor requirement unless exempted
6. Secretary requirement
7. No loans while having Nominee Director
8. Limitation in Fund Raising unless Public Company
9. Deposit requirement for voluntary GST registration
10. Tightened foreign labour policy
11. Adherence to Fair Employment Practice
12. Shortage of local workforce for labour position
13. Holding AGM
14. Filing Annual Return regardless of any status
15. Paying Corporate Tax